Category: Decision Making

Last week’s resignation of Travis Kalanick as CEO of Uber reminds us that how we achieve our goals matters as much as what we achieve. How we achieve success is as important as the innovative, profitable, or extraordinary results we get. It’s a poignant reminder of: “What we practice grows stronger.” What we do everyday … Continue reading "How do you reach your goals?"

A frustrated friend complained about manufacturing plants which won’t update their technology. He even knows of plants that use 20-year-old computer systems and think it’s better not to replace them. The result of their risk-benefit analysis tells them that the risk of upgrading outweighs the benefit, and supports their desire to stay with the status … Continue reading "Risk-Risk Analysis"